Vietnam Air signs US$7.8 billion deal for 50 Boeing 737 max planes: White House

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Vietnam Air signs US$7.8 billion deal for 50 Boeing 737 max planes: White House
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Vietnam Airlines has signed a US$7.8 billion deal with US aircraft manufacturer Boeing, the White House said in a statement on Monday (Sep 11). Following a meeting in Hanoi, US President Joe Biden and Vietnamese Prime Minister Pham Minh Chinh 'welcomed a landmark deal' between Boeing and Vietnam's national

Vietnam Airlines has signed a US$7.8 billion deal with US aircraft manufacturer Boeing, the White House said in a statement on Monday .

Following a meeting in Hanoi, US President Joe Biden and Vietnamese Prime Minister Pham Minh Chinh"welcomed a landmark deal" between Boeing and Vietnam's national carrier, the White House said.Vietnam Airlines will purchase 50 of the 737 aircraft, Biden said during a roundtable with senior executives from top American and Vietnamese firms - including from both aviation companies.The Boeing jets will replace aircraft that are more than a decade old, according to state media.

The communist country's aviation sector has boomed in recent years thanks to a rapidly expanding middle class with growing appetites - and budgets - for air travel.

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